Sims Drive / Aljunied Road

Awarded

Business 1. URA sale site, built as Victory Centre.

[ Award ]

S$43,388,100

Awarded 12 April 2012 to Fragrance Biz Space Pte. Ltd., parent: Fragrance Group Limited

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Sims Drive / Aljunied Road	Business 1	6,312.2 m²	Not stated	Fragrance Biz Space Pte. Ltd., parent: Fragrance Group Limited	S$43,388,100

[ The one tender received ]

As listed at the close of 10 April 2012 (ura-list-2012-sims-drive-aljunied-road-close), with the outcome the award of 12 April 2012 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Fragrance Biz Space Pte. Ltd., parent: Fragrance Group LimitedThe list prints S$2749.48 per square metre against a GPR of 2.5 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.	S$43,388,100	Awarded

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

12 April 2012

Awarded

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Awarded to

Fragrance Biz Space Pte. Ltd., parent: Fragrance Group Limited, S$43,388,100.

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

10 April 2012

Tender closed

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

1 bid disclosed

Highest S$43,388,100 from Fragrance Biz Space Pte. Ltd., parent: Fragrance Group Limited

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

16 February 2012

Launched for tender

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

Selling authority: URA
Allowable development: Business 1
Tenure: 60 yearsNot the 99-year term of an ordinary residential GLS parcel.
Programme list: None stated; sold by tender, as ura's list records itA URA sale tender its source places on neither the Confirmed nor the Reserve List of the Government Land Sales programme. No list is inferred.The list counts 14 bids and names only the successful tenderer. The list prints S$2749.48 per square metre against a GPR of 2.5 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.[ura-list-vacant-sites-sold]
Site area: 6,312.2 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Industrial
Permissible gross plot ratio: 2.5
Planning area: Geylang
Facts as stated on: 16 February 2012